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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Paraguay : € 30,000,000
Credit lines : € 30,000,000
Signature date(s)
13/10/2017 : € 30,000,000
Link to source

Summary sheet

Release date
14 March 2017
Status
Reference
Signed | 17/10/2017
20160744
Project name
Promoter - financial intermediary
BBVA PARAGUAY MBIL
BBVA Paraguay, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
Not applicable.
Location
Sector(s)
Description
Objectives

Multi-beneficiary intermediated loan (MBIL) for private sector entities of any size undertaking small-scale investments in support of the EIB's External Lending Mandate priority objectives and for small and medium-sized enterprises (SMEs) and mid-caps in Paraguay

Financing of small/medium projects carried out by private sector entities of any size undertaking small-scale investments in support of EIB External Lending Mandate priority objectives and for SMEs and mid-caps in Paraguay

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Comments

This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.

Link to source
Summary sheet

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Summary sheet

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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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